Canada Weekly Rig Count Up 5 to 208

Western Canada’s fleet of drilling rigs went up by 5 to the current count of 208 actively drilling rigs according to data collected by Baker Hughes for the week of November 17th. From one week ago, Alberta rig counts increased from 148 to 155, the Saskatchewan rig count decreased from 26 to 25. Oil drilling [Read More…]

Source: BOE Report

Royale Energy, Inc. Announces Shareholder Approval of the Merger with Matrix Oil Management Corporation

SAN DIEGO, Nov. 17, 2017 (GLOBE NEWSWIRE) — Royale Energy, Inc. (OTCQB:ROYL) (the “Company” or “Royale”) today announced the results of its annual meeting of shareholders. At the meeting, holders of Royale’s common stock voted to approve the following actions: (1)  adopting the Amended and Restated Agreement and Plan of Merger (the “Merger Agreement”) dated [Read More…]

Source: BOE Report

U.S. Energy Corp. Regains Full Compliance with Nasdaq Listing Standards

DENVER, Nov. 17, 2017 (GLOBE NEWSWIRE) — U.S. Energy Corp. (NASDAQ:USEG) (the “Company”) announced that on November 15, 2017, the Company received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that Nasdaq has determined that the Company has regained compliance with the minimum bid price rule, as required by Nasdaq’s decision dated [Read More…]

Source: BOE Report

Market Snapshot: Canada’s energy use grows, but energy intensity declines

The NEB’s most recent long-term outlook, Canada’s Energy Future 2017: Energy Supply and Demand Projections to 2040 (EF2017), projects total energy use, which includes fossil-fuels, renewables and nuclear, to increase slightly in the baseline Reference Case. Despite increasing energy demand, the energy intensity of gross domestic product (GDP) declines. The energy intensity of GDP describes the relationship between energy use ...

Source: National Energy Board - What's New

National Energy Board Video Series

The National Energy Board (NEB) is producing a series of short videos that explain many of our regulatory functions and the technical aspects of our work. The latest animated video in our series talks about the Complaint Resolution Process available to those directly impacted by regulated facilities or activities. Videos produced to date include: Introduction to Valves; Introduction to Hydrostatic ...

Source: National Energy Board - What's New